# Profitect

**Source:** https://www.startuphub.ai/startups/profitect
**Profile type:** Startup

> Profitect provided prescriptive analytics solutions for retail and CPG companies, leveraging machine learning to identify sales and margin opportunities.

## About

Profitect offered a prescriptive analytics solution that utilized pattern detection and machine learning to analyze retail and CPG data. It identified areas for improvement such as inventory accuracy, out-of-stocks, and pricing accuracy, helping companies optimize sales and margins.

## Key facts

- **Slug:** profitect
- **Website:** https://www.profitect.com/
- **Location:** Burlington, United States
- **Founded:** 2012-01-01 00:00:00
- **Employees:** 12
- **Operating status:** Active
- **Total funding:** $34M
- **Sectors / tags:** Retail, Analytics, RetailTech, CPG, Prescriptive Analytics, Business Intelligence, Data Analytics, Inventory Management, Pricing Optimization, Supply Chain Analytics, Machine Learning, Artificial Intelligence
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/profitect-inc-/

## Frequently asked

### What does Profitect do?

Profitect offered a prescriptive analytics solution that utilized pattern detection and machine learning to analyze retail and CPG data. It identified areas for improvement such as inventory accuracy, out-of-stocks, and pricing accuracy, helping companies optimize sales and margins.

### What is Profitect's revenue?

StartupHub estimates Profitect's annual revenue at $4.0M (range $2.2M to $7.2M, 69% confidence), based on comparable companies in the sector.

### What is Profitect's valuation?

StartupHub estimates Profitect's effective valuation at $137.0M (range $84.8M to $203.4M, 10% confidence), based on comparable companies in the sector.

### How much funding has Profitect raised?

Profitect has raised a total of $34M in funding. The most recent round on record is Series C.

### Where is Profitect headquartered?

Profitect is headquartered in Burlington, United States.

### When was Profitect founded?

Profitect was founded in 2012.

### What industry does Profitect operate in?

Profitect operates in Retail, Analytics, RetailTech, CPG, Prescriptive Analytics, Business Intelligence.

### How many employees does Profitect have?

Profitect has approximately 12 people on record.

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